226 PHILLIPS Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Listed by Keller Williams Realty Partner | $349,500 | |
| Listed by Keller Williams Realty Partner | |||
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The Perfect Condo Alternative! A meticulously renovated home in 2019 that seamlessly blends modern comfort with classic charm. This inviting residence boasts an open floor plan, providing a spacious and airy atmosphere across its 800 finished square feet. Situated on a generous 1.2 acres of park-like property, this home offers not only a serene living environment but also exciting possibilities with its extension to the road behind. The full unfinished basement provides ample storage. Whether you're a first-time homebuyer, looking for an affordable starter, or seeking an alternative to condominium or townhouse living, this home is the perfect fit, offering the perks of a single family home without the associated maintenance fees. Enjoy the convenience of a southern Dutchess County location, ensuring a great commute to nearby amenities and attractions. With low taxes adding to the appeal, this property is a rare find that combines comfort and affordability. Don't miss the opportunity to make this house your dream home!
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| Jan 28, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017